QUOTE(fabianz03 @ Dec 22 2012, 09:11 PM)
Then where does the grounding current goes? Since there's only 2-pin, one is live and the other is neutral.

Best answer for you perhaps
http://wiki.answers.com/Q/What_is_the_main...language_please"We usually get our electric power in DC or AC form. DC is constant voltage such as a batter output and is useful for most low power (think less than 100 watt light bulb) applications. The power coming from a normal home outlet is AC (alternating current) and swings back and forth from about 155V to -155V in a sine wave pattern 60 times per second (50 times per second in some countries). The average voltage (RMS) is 110V in USA. AC is useful because you can convert it to higher and lower voltages with a simple device called a transformer which makes it easier to send across large distances.
1 Phase is what is described above - it is your basic 110V outlet.
2 Phase is what goes into a home fuse box. It is two wires each carrying 110V with respect to ground but they are "out of phase" meaning when one sine wave reaches +155V, the other reaches -155V at the same moment. If you have a device that needs 220V AC (such as a stove or dryer) you can skip the ground and use the 2 110V 2-Phase wires.
3 Phase has 3 wires carrying power (a 4th wire has ground). The voltages on the 3 wires with respect to ground each look like a normal sine wave at 110V but the peaks of the sine waves are delayed evenly so that wire 1 peaks, then wire 2, then wire 3, then back to wire 1 in equally timed spacing. This is called 120 degree phase between any 2 wires. This is the power coming out of power plants. 3 Phase is easy to use or create with generators and motors. 3 Phase was chosen because it needs less copper to carry power long distances. Modern technologies (transistors) can be very efficient with converting DC voltages now but when the power grid system was created we mostly only had transformers and wires.
3 Phase can be found on most (but not all!) streets in America If you look at power lines, the topmost lines are the highest voltage. Usually there are 3 (each carrying 1 of the 3 phases). These are the most dangerous. Then every 10 houses or so you see a transformer that taps off one of these to create the 2 phase for homes. As the power gets down a remote area often the topmost lines branch apart and you only have one going down a particular street.
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to be honest, i learn this before, just forget the details of them